What is the present value of an investment that will generate income continuously at a constant rate
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What is the present value of an investment that will generate income continuously at a constant rate of $1,000 per year for 10 years if the prevailing annual interest rate remains fixed at 7% compounded continuously?
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Related Book For
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
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